GreenMan completes acquisition.GreenMan Technologies Inc., Lynnfield, Mass., has completed its acquisition of all tire collection operations of American Tire Disposal Inc. (ATD ATD Anthropomorphic Test Dummy ATD Attention to Detail ATD Advanced Technology Demonstration AtD Achieving the Dream ATD Atmospheric Technology Division (US National Center for Atmospheric Research) ATD Assistant Technical Director ), a Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, company in the business of collecting and marketing scrap tires. GreenMan will consolidate ATD's business into its existing California operations. "The addition of these collection operations will both complement our crumb rubber Crumb rubber is generally manufactured from automotive and truck scrap tires. During the manufacturing process steel and fluff is removed leaving tire rubber with a granular consistency. manufacturing business and diversify diversify To acquire a variety of assets that do not tend to change in value at the same time. To diversify a securities portfolio is to purchase different types of securities in different companies in unrelated industries. our overall business, providing a platform for continued growth," GreenMan's California V.P. Jim Dodenhoff, says. Thanks in part to such acquisitions, Boston Business Journal has named GreenMan to its annual list of the 100 fastest-growing public companies in the Boston area. GreenMan is ranked 41st based on revenue growth from 2001 to 2003. |
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